EPG Approves 3 Electricity Tariff Hike Scenarios Up to 4.59 Baht Due to LNG Costs

Thansettakij•Economy•1h ago

Reader Briefing

Thailand's Energy Regulatory Board (EPG) is proposing three electricity tariff hike options, with the highest reaching 4.59 baht per unit, citing rising LNG costs due to the Middle East conflict.

•The Energy Regulatory Board (EPG) is seeking public opinion on three scenarios for electricity tariff adjustments for the May-August 2025 billing period.
•The proposed tariffs range from 3.95 to 4.59 baht per unit, with the highest increase attributed to covering residual costs from the Electricity Generating Authority of Thailand (EGAT).
•The surge in electricity costs is primarily driven by increased LNG prices resulting from geopolitical tensions in the Middle East.

Overview

•In the 10/2026 (1000th) EPG meeting, a resolution was made to open a public hearing for variable electricity tariffs (FT) for the May-August 2026 billing period.
•Dr. Poolpat Leesmaboolpaibul, Secretary General of the EPG, announced the 3 cases for public hearing regarding the FT rate.
•The EPG's consideration follows criteria in Section 65 of the Energy Industry Act B.E. 2007 and Section 67, requiring EGAT to propose tariffs.
•Case 1 proposes an increase to an average of 4.59 baht per unit due to covering EGAT's outstanding costs of 35,928 million baht.
•Case 2 suggests an average of 4.08 baht per unit, with EGAT absorbing the outstanding costs.
•Case 3 proposes an average of 3.95 baht per unit, using EGAT's absorption of costs and a Claw back of approximately 9,472 million baht.
•The increase in LNG costs, driven by the Middle East conflict, is the primary reason for the proposed tariff adjustments.
•The EPG will proceed with opening a public hearing to gather opinions on the proposed FT rates.

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Key Quotes

Dr. Poolpat Leesmaboolpaibul

"The EPG meeting Resolution 10/2026 (1000th meeting) resolved to open a public hearing for variable electricity tariff or FT for collection in May-August 2026 in 3 cases."

การประชุม กกพ. ครั้งที่ 10/2026 (ครั้งที่ 1000) มีมติให้เปิดรับฟังความคิดเห็นค่าไฟฟ้าผันแปร หรือค่าเอฟที (ค่า FT) สำหรับการเรียกเก็บค่าไฟฟ้าสำหรับงวด พ.ค. - ส.ค. 69 เป็น 3 กรณี

Key Entities

Organization

EPG(กกพ.)ℹ️

The Energy Regulatory Board (EPG) in Thailand, responsible for regulating energy tariffs.

EGAT(กฟผ.)ℹ️

The Electricity Generating Authority of Thailand (EGAT), a state-owned enterprise responsible for power generation.

Person

Dr. Poolpat Leesmaboolpaibul(ดร.พูลพัฒน์ ลีสมบัติไพบูลย์)

Secretary General of the Energy Regulatory Board (EPG) and spokesperson for the EPG.

Law

FT (Fuel Tariff)(ค่าเอฟที)

The Fuel Tariff, a component of electricity bills in Thailand that reflects fluctuating fuel costs.

Energy Industry Act B.E. 2007(พระราชบัญญัติการประกอบกิจการพลังงาน พ.ศ. 2007)

The Energy Industry Act of 2007, which governs the operation of the energy sector in Thailand.